Car Sales January 2018: Automakers Kick-Start The New Year With Positive Growth

The first month of the 2018 calendar year has come to an end and we finally have the sales reports from car manufacturers in India. We will be bringing you detailed sales report from all the manufacturers here through out the day. While 2017 ended on a very positive note with almost all the manufacturer registering double-digit growth, it looks like 2018 will start on a similar note. As of now, the country’s largest car manufacturer, Maruti Suzuki India has revealed its sale performance for January 2018 and the company has registered a 4.8 per cent growth last month. SUV market leader Mahindra has announced a total growth of 32 per cent, while Japanese automaker Toyotahas registered a total growth of 15 per cent.

Maruti Suzuki India:

Last month, Maruti Suzuki India sold a total of 151,351 units, registering a growth of 4.8 per cent against the 144,396 units the carmaker sold during the same month in January 2017. Last month, the company sold 140,600 units in the domestic market, against the 133,934 units sold during the same month in 2017, seeing a growth of 5 per cent. Exports on the other hand 10,751 units with a decent growth of 2.4 per cent, compared to the 10,462 units that were exported in January 2017.

The compact car sales for Maruti was led by the new Maruti Suzuki Dzire

It was the compact segment that saw the most amount of growth in January 2018 with 67,868 units against the 55,817 from January 2017, registering a growth of 21.6 per cent. This segment includes cars like the Swift (old-gen) Celerio, Ignis, Baleno, Dzire, and Tour S. Sales of the carmaker’s mid-size sedan Ciaz went down by 22.5 per cent to 5,062 units last month against the 6,530 sold in January 2017.

Mahindra and Mahindra

Leading utility vehicle maker, Mahindra and Mahindra has registered a total growth of 32 per cent for last month with total sales accounting for 52,048 vehicles, compared to 39,386 vehicles sold in January 2017. This includes passenger vehicle sales in the domestic market, commercial vehicle sales in the domestic market, and exports. In the passenger vehicles segment (which includes UVs, Cars and Vans) Mahindra sold 23,686 vehicles in January 2018, as against 20,169 vehicles during January 2017, registering a growth of 17 per cent. Commercial vehicle sales stood at 21,002 units compared to the 13,890 vehicles sold in January 2017, registering a growth of 51 per cent.

Mahindra’s SUV sales went up by 16 per cent in January 2018

The company’s combined domestic sales, stood at 49,432 vehicles during January 2018, as against 37,115 vehicles during January 2017 registering a growth of 33 per cent. Exports on the other hand, during the month of January 2018 stood at 2,616 units, compared to the 2271 units from January 2017, seeing a growth of 15 per cent.

Toyota India

Toyota Kirloskar Motor (TKM) reported a 19 per cent increase in domestic sales at 12,351 units in January.The company had sold 10,336 units in the same month last year in the domestic market, TKM said in a statement. TKM exported 888 units of the Etios series in January, compared with 916 units a year ago in the same period, a decline of 3.05 per cent.

Toyota reported a 19 per cent increase in domestic sales at 12,351 units

“The customer demand has consistently been strong and we have catered to the growing customer demand,” Toyota Kirloskar Motor Deputy Managing Director N Raja said in a statement. The success story of Innova Crysta and Fortuner sales growth continues in the New Year, he added.

Hyundai India

Hyundai Motor India today announced its sales performance for the month of January 2018. The carmaker has kicked-off 2018 on a positive note, with total sales accounting for 56,216 units, against the 51,834 units sold in January 2017, registering a total growth of 8.5 per cent. The company’s sales numbers include both the domestic sales performance as well as the exports.

Hyundai India sold 45,508 vehicles in the domestic market last with 8.3 per cent growth, compared to the 42,017 vehicles sold in January 2017. Hyundai exports saw the highest amount of growth reaching 10,708 units in the month of January 2018 compared to the 9,817 units exported during the same month last year.

Tata Motors

Tata Motors today announced registering a total growth of 43 per cent in January 2018 with 59,441 units against the 41,428 units sold during the same month last year. The automaker’s total sales comprise both the passenger vehicle sales and commercial vehicle sales. While passenger vehicle sales saw a robust growth of 55 per cent with at 20,055 units compared to the 12,907 units sold in January 2017, commercial vehicle sales grew to 39,386 units, with a growth of 38 per cent compared to the 28,521 vehicles in January 2017. The company’s Commercial Vehicles sales from exports in January 2018 went up to 4,900 units, with a growth of 5 per cent over last year.

Tata’s strong sales in the domestic market was backed by demand for Tiago, Tigor, Nexon and Hexa

Commenting on the company’s sales performance, Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors said, “This month we have grown by 55 per cent over last January, on the back of good demand for our new generation products – Tiago, Tigor, Nexon and Hexa. While Tiago continues to lead the growth in cars at 27 per cent, the Nexon and HEXA have attracted a new set of SUV buyers, resulting in 188 per cent growth in UVs.”

Honda Cars India

Honda Cars India registered monthly domestic sales of 14,838 units and exports of 398 units in January 2018. This number is lower than what the company did in January 2017. The company sold a total of 15,592 units in the same period last year. However, the company managed to hold on to its cumulative growth of 17 per cent selling 144,802 units during April 2017 to January 2018, against 124,114 units in the corresponding period last year.

The Honda WR-V continues to be the strongest player in Honda’s line-up

Commenting on the company’s performance, Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said, “HCIL has witnessed strong growth of 17 per cent in the ongoing fiscal year and we expect the market to further pick-up after the anticipations regarding Union Budget are stabilized. HCIL will showcase our strong line-up for the next fiscal at the upcoming Auto Expo which will further strengthen our position in the Indian market.”